ONE Gas (OGS) is a Top Dividend Stock Right Now: Should You Buy?

Company Overview - ONE Gas (OGS) is based in Tulsa and operates in the Utilities sector, specifically in natural gas distribution. The company's shares have experienced a price change of 10.7% this year [3]. Dividend Information - ONE Gas currently pays a dividend of $0.68 per share, resulting in a dividend yield of 3.18%, which is higher than the Utility - Gas Distribution industry's yield of 2.72% and the S&P 500's yield of 1.36% [3]. - The annualized dividend of ONE Gas is $2.72, reflecting a 1.5% increase from the previous year. Over the past five years, the company has increased its dividend five times, averaging an annual increase of 4.53% [4]. Earnings Growth and Payout Ratio - For the fiscal year, ONE Gas anticipates solid earnings growth, with the Zacks Consensus Estimate for 2026 projected at $4.71 per share, indicating a year-over-year growth rate of 5.13% [5]. - The current payout ratio for ONE Gas is 60%, meaning the company distributes 60% of its trailing 12-month earnings per share as dividends [4]. Investment Considerations - ONE Gas is viewed as a compelling investment opportunity due to its strong dividend profile and current Zacks Rank of 3 (Hold). The company is considered a solid option for income investors, especially in the context of rising interest rates [6].